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Albertsons gives up on merger, sues Kroger
Albertsons sues Kroger after Oregon, Washington judges block $24.6 billion merger
On Wednesday, the day after a federal judge in Oregon and a state judge in Washington blocked a merger between two supermarket giants, Albertsons canceled the $24.6 billion merger agreement and sued Kroger.
Oregon judge blocks Kroger purchase of Albertsons, citing threat to competition
An Oregon federal judge temporarily blocked Kroger’s proposed takeover of Albertsons Tuesday, siding with state and federal regulators who argued a $24.6 billion merger between the two supermarket giants would harm consumers and grocery workers.
Albertsons terminates merger with Kroger and sues for breach of agreement
The merger would have been the largest supermarket merger in U.S. history, but instead was terminated after a court blocked it on Tuesday.
1h
Albertsons sues Mariano's owner Kroger for failing to win approval of their proposed merger
Albertsons CEO Vivek Sankaran said in September that his company might consider “structural options” like laying off ...
21h
Ticker: Judge halts Kroger, Albertsons merger; OpenAI releases AI video generator Sora
A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that ...
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